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Category: Route Optimization
Last Mile Delivery Optimization
Followed by Randomness
Rolling dice has been a divine act since ancient times. For Pre-Christians who lived along the MediterraneanSea, the die was the law of the land. Since then human beings have not shied away from exploiting its power in all spheres of life, be it for recreation, gambling, moving economy, predicting weather, and even developing computationally […]
Blog
Bringing Banking to the Customer’s Doorstep with ‘Locus for BFSI’
Expectations are a moving target, thereby creating the need for institutions to regularly track and understand how they are Performing Against Customer Expectations (PACE). The PACE index for the banking sector does this on an annual basis, in a global study spanning 8,000 customers and 500 small businesses. The 2016 survey revealed that Indian banks were near the bottom of the global […]
Fleet Optimization
Skill Based Routing: The Sorting Hat of Intelligent Logistics
In our previous post, we had introduced the concept of serviceability, its significance and implication for the future of logistics. It would not be telling to say that we have only scratched the surface. Leaving it at that will be like belittling the layers that lie beneath. Let’s dig deeper… Serviceability has an unpredictable complexion to […]
Dispatch Management
How Intelligent Retail Logistics Management Works – White Glove Furniture Delivery Company Success Story
The last few years have been pivotal for startups all over the world. New ideas crop up everyday with the goal to simplify things across all sorts of industries. Quite often, these ideas and businesses are life changing and one of the defining factors of their financial success is the mastery of the logistics game. Companies […]
Route Optimization
Geocoding: Necessary information is sufficient information
Introduction The fundamental purpose of any language is to convey information, whether it is natural languages or programming languages. However, natural languages have evolved over thousands of years to tolerate a very high degree of ambiguity. For example, if you love the food in a restaurant, you can tell your friends later that “the food […]
Route Optimization
How good is your Geocoder?
What is the purpose of geocoding? Geocoding is a very important piece of the intricate logistics puzzle that Locus is solving for its clients. This merits a constant evaluation of its performance over different regions of the world. However, getting a sense of how good a geocoder is performing requires a very nuanced selection of the metrics […]
Fleet Optimization
Can a hyperlocal delivery model ever be sustainable in 2021?
While there is lot of debate around whether hyperlocal delivery model is sustainable or not, I believe they have brought about a revolutionary change in how we consume food today — several of us, including me, are heavily dependent on it (irrespective of discounts and offers). Let’s look at some basic unit economics – The average ticket […]
Dispatch Management
Logistics in eCommerce – The Key Differentiator Between eCommerce Players
Optimizing Logistics in eCommerce yields Better Deliveries Make Happier Customers! In India, the eCommerce sector has seen unprecedented growth in the recent past. eCommerce has taken the world of retail by storm and captivated the imagination of an entire generation of entrepreneurs with various business models. This growth was driven by rapid technology adoption led by the […]
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